Chinese goods overpriced in India

While officials are ruthless in defaming, monitoring and harassing harmless indian paypal account holders when they have nothing to hide, it appears that there is big racket of underinvoicing of chinese toys and goods in India. A person shopping for gifts for relatives children noticed that while the sellers are quoting a price of Rs 50 or Rs 100 per toy, for almost all the toys, there is a label written in fine print which specifies the maximum retail price of the toy as Rs 30.
It appears that the vendors are overcharging for the toy knowing that Indian customers will readily pay for toy knowing that Indian made toys cost far more or the importer is specifying a low price for the toys to ensure that he has to pay a lower import duty